Consider the following statements 1 Secondary Market refers to market where securities are trad...........

Economic Affairs Financial Markets

Consider the following statements

1. Secondary Market refers to market where securities are traded after being initially offered to the public in the primary market and/or listed on the Stock Exchange

2. In the Secondary market, securities are offered to public for subscription for the purpose of raising capital or fund

Which of the above statements is/are correct?

1 only

2 only

Both of the above

None of the above

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Explanation:

Secondary Market refers to a market where securities are traded after being initially offered to the public in the primary market and/or listed on the Stock Exchange. Majority of the trading is done in the secondary market.Secondary market comprises of equity markets and the debt markets.